Recommendation: NO
Current Price: $203.24
Total Wheels: 7
EditTypically you want to choose options that have a higher than 70% chance of being out of the money, since then you only have a 30% chance of actually acquiring the stock. Beyond that maximumizing the annualized rate of return is a good idea.
Annualized rate of return is computed fairly bullish as (max_return * odds + (1 - odds)) ^ (252 / calendar_days). This assumes that if you accidently acquire the stock you will be able to do something such that effectively get you a 1x return immediately.
Ticker | Strike | Premium | Ticker Price | Calendar Days To Expiration | Odds Out Of The Money % | Maximum Return % | Annualized Rate Of Return |
---|---|---|---|---|---|---|---|
MDB | 202.5 | 3.4 | 203.24 | 4 (2025-06-27) | 54.12% | 1.68% | 1.58x |
MDB | 200.0 | 4.6 | 203.24 | 8 (2025-07-03) | 59.97% | 2.30% | 1.54x |
MDB | 200.0 | 2.01 | 203.24 | 4 (2025-06-27) | 65.72% | 1.00% | 1.39x |
MDB | 200.0 | 6.2 | 203.24 | 14 (2025-07-11) | 58.65% | 3.10% | 1.38x |
MDB | 197.5 | 1.45 | 203.24 | 4 (2025-06-27) | 74.43% | 0.73% | 1.32x |
MDB | 200.0 | 6.6 | 203.24 | 19 (2025-07-18) | 58.49% | 3.30% | 1.29x |
MDB | 195.0 | 2.01 | 203.24 | 8 (2025-07-03) | 75.08% | 1.03% | 1.27x |
MDB | 195.0 | 4.75 | 203.24 | 19 (2025-07-18) | 67.54% | 2.44% | 1.24x |
MDB | 200.0 | 11.1 | 203.24 | 39 (2025-08-15) | 57.43% | 5.55% | 1.22x |
MDB | 190.0 | 1.42 | 203.24 | 8 (2025-07-03) | 82.93% | 0.75% | 1.21x |
MDB | 195.0 | 0.89 | 203.24 | 4 (2025-06-27) | 82.51% | 0.46% | 1.21x |
MDB | 185.0 | 13.0 | 203.24 | 64 (2025-09-19) E | 68.73% | 7.03% | 1.20x |
MDB | 190.0 | 14.0 | 203.24 | 64 (2025-09-19) E | 65.46% | 7.37% | 1.20x |
MDB | 190.0 | 3.38 | 203.24 | 19 (2025-07-18) | 75.34% | 1.78% | 1.19x |
MDB | 185.0 | 1.11 | 203.24 | 8 (2025-07-03) | 87.54% | 0.60% | 1.18x |
MDB | 180.0 | 10.5 | 203.24 | 64 (2025-09-19) E | 72.50% | 5.83% | 1.18x |
MDB | 190.0 | 6.85 | 203.24 | 39 (2025-08-15) | 69.51% | 3.61% | 1.17x |
MDB | 170.0 | 8.75 | 203.24 | 64 (2025-09-19) E | 77.81% | 5.15% | 1.17x |
MDB | 175.0 | 9.23 | 203.24 | 64 (2025-09-19) E | 75.56% | 5.27% | 1.17x |
MDB | 200.0 | 27.3 | 203.24 | 129 (2025-12-19) E | 59.35% | 13.65% | 1.16x |
MDB | 185.0 | 5.55 | 203.24 | 39 (2025-08-15) | 74.56% | 3.00% | 1.15x |
MDB | 185.0 | 3.75 | 203.24 | 29 (2025-08-01) | 77.85% | 2.03% | 1.15x |
MDB | 185.0 | 2.31 | 203.24 | 19 (2025-07-18) | 81.95% | 1.25% | 1.14x |
MDB | 192.5 | 0.55 | 203.24 | 4 (2025-06-27) | 88.35% | 0.29% | 1.14x |
MDB | 180.0 | 13.85 | 203.24 | 109 (2025-11-21) E | 70.98% | 7.69% | 1.13x |
MDB | 170.0 | 14.3 | 203.24 | 129 (2025-12-19) E | 74.83% | 8.41% | 1.13x |
MDB | 180.0 | 4.21 | 203.24 | 39 (2025-08-15) | 79.48% | 2.34% | 1.13x |
MDB | 180.0 | 0.69 | 203.24 | 8 (2025-07-03) | 91.95% | 0.38% | 1.12x |
MDB | 160.0 | 5.3 | 203.24 | 64 (2025-09-19) E | 84.27% | 3.31% | 1.11x |
MDB | 160.0 | 11.3 | 203.24 | 129 (2025-12-19) E | 79.30% | 7.06% | 1.11x |
MDB | 160.0 | 8.96 | 203.24 | 109 (2025-11-21) E | 80.77% | 5.60% | 1.11x |
MDB | 190.0 | 0.41 | 203.24 | 4 (2025-06-27) | 91.50% | 0.22% | 1.10x |
MDB | 180.0 | 1.46 | 203.24 | 19 (2025-07-18) | 87.55% | 0.81% | 1.10x |
MDB | 175.0 | 1.05 | 203.24 | 19 (2025-07-18) | 90.97% | 0.60% | 1.07x |
MDB | 175.0 | 0.67 | 203.24 | 14 (2025-07-11) | 93.12% | 0.38% | 1.07x |
MDB | 185.0 | 0.2 | 203.24 | 4 (2025-06-27) | 95.28% | 0.11% | 1.05x |
MDB | 165.0 | 0.48 | 203.24 | 14 (2025-07-11) | 95.65% | 0.29% | 1.05x |
MDB | 165.0 | 0.57 | 203.24 | 19 (2025-07-18) | 95.11% | 0.35% | 1.04x |